I hope you had a great Christmas, mine was very busy. I have a lot to tell you about so I will just dive right in but first I want to tell you what happened on our last Live On The News Trade Call. We were watching the Durable Goods and were looking for around 1.5 in deviation which we got and provided for a decent move of around 25 pips . I hope you profited from this trade as it was pretty cut and Dry as most everything came out in line.
Now for upcoming info. First of all The ISM which was scheduled for the second has now been moved to the 3rd so we will not be trading on the 2nd as you may have previously thought.
This year I will be introducing quite a few new signals and strategies. The first of which I have mentioned already and am extremely excited to tell you that we are currently live with our new API that is testing the system around the clock. This is a system that is market neutral and non directional so it carries a very low level of risk when compared to technical trading and fundamental trading.
To add to the good news this system is not hard on the brokers like news trading is and therefore allows us to trade the system on any level unlike the news trading which is limited by volume as liquidity does get scarce during news releases. I personally have never been able to execute over 100 lots on our news trades.
The new system works by mathematically quantifying correlation across nine currency pairs and then trades the arbitration. Not only have we developed an algorithm that identifies this arbitration we have also created software that is very similar to artificial intelligence that automatically optimizes the algorithm on an ongoing basis.
The next piece of good news I have is that as this system trades it will be sending its entries out in the form of a trade call. This will hopefully be in place within a few weeks from now. Once I have ironed out all the details I will update you. These will be free to all that are current subscribers to the Live On The News Trade calls for at least a month possibly more and will be offered at a discounted rate after that..
Next week is a fairly slow week as the first week of the month usually is. However we do have a few trades we will be watching live in the room including the Non Farm which regularly moves the market 80+ pips. I have copied the list of releases that the RSS will be set up to trade below.
I will send out my suggestions for the ISM on the 2nd so be looking for that trade call.
UK Purchasing Managers Index C Condition: Sell if Lower Expected: 54.5 Release date: Jan 3, 2007 4:30:00 AM EDT Comments: Use your own triggers set to trade GBP/USD
ADP National Employment Report Condition: Sell if Higher Expected: 122.5 Release date: Jan 3, 2007 8:15:00 AM EDT Comments: Use your own triggers, set for GBP/USD
ISM Manufacturing PMI SA Condition: Sell if Higher Expected: 50.0 Release date: Jan 3, 2007 10:00:00 AM EDT Comments: LOTN Trading GBP/USD
ISM Manufacturing Report on Bu Condition: Sell if Higher Expected: 54.0 Release date: Jan 3, 2007 10:00:00 AM EDT Comments: Confirmation
Census Bureau US Construction Condition: Sell if Higher Expected: Release date: Jan 3, 2007 10:00:00 AM EDT Comments: Confirmation
New Zealand Merchandise Trade Condition: Sell if Lower Expected: Release date: Jan 3, 2007 4:45:00 PM EDT Comments: Use your own trigger, set for NZD/USD
New Zealand Merchandise Import Condition: Sell if Lower Expected: Release date: Jan 3, 2007 4:45:00 PM EDT Comments: Use your own trigger, set for NZD/USD
New Zealand Merchandise Export Condition: Sell if Lower Expected: Release date: Jan 3, 2007 4:45:00 PM EDT Comments: Use your own trigger, set for NZD/USD
GFK UK Consumer Confidence Ind Condition: Sell if Lower Expected: Release date: Jan 4, 2007 5:30:00 AM EDT Comments: Use your own triggers Set to trade GBP/USD
STCA Canada Industrial Product Condition: Sell if Higher Expected: Release date: Jan 4, 2007 8:30:00 AM EDT Comments: Use Your own triggers, trading CAD/USD
US Initial Jobless Claims SA Condition: Sell if Lower Expected: Release date: Jan 4, 2007 8:30:00 AM EDT Comments: Use your own trigger, Set up for GBP/USD
US Initial Jobless Claims SA Condition: Sell if Lower Expected: Release date: Jan 4, 2007 8:30:00 AM EDT Comments: Use your own trigger set for GBP/USD
ISM Non-Manufacturing Report o Condition: Sell if Higher Expected: Release date: Jan 4, 2007 10:00:00 AM EDT Comments: Use your own triggers, Set for GBP/USD
STCA Canada Net Change in Labo Condition: Sell if Higher Expected: Release date: Jan 5, 2007 7:00:00 AM EDT Comments: LOTN Set for USD/CAD
STCA Canada Labor Force Unempl Condition: Sell if Higher Expected: Release date: Jan 5, 2007 7:00:00 AM EDT Comments: confirmation, set for USD/CAD
US Employees on Nonfarm Payrol Condition: Sell if Higher Expected: Release date: Jan 5, 2007 8:30:00 AM EDT Comments: LOTN trading GBP/USD
US Unemployment Rate Total in Condition: Sell if Higher Expected: Release date: Jan 5, 2007 8:30:00 AM EDT Comments: confirmation, set for GBP/USD
